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Which statements regarding recapture is true

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Reference no: EM132668759

Problem 1: Which of the following statements regarding recapture is true? Any why?

A. Recapture occurs when there is a positive balance in a class pool, even if there are assets remaining in that class pool.

B. Recapture occurs when there is a negative balance in a class pool, even if there are assets remaining in that class pool.

C. Recapture may be deducted from business income.

D. Recapture only occurs when there is a positive balance in a class pool and that pool of assets is empty.

Reference no: EM132668759

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